Micronet Enertec Technologies CEO Darren Mercer's 2021 pay jumps 735% to $10M
Micronet Enertec Technologies reports 2021 executive compensation
By ExecPay News
Published: December 8, 2022
Micronet Enertec Technologies reported fiscal year 2021 executive compensation information on December 8, 2022.
In 2021, three executives at Micronet Enertec Technologies received on average a compensation package of $3.6M, a 407% increase compared to previous year.
Average pay of disclosed executives at Micronet Enertec Technologies
Darren Mercer, Chief Executive Officer, received $10M in total, which increased by 735% compared to 2020. 84% of Mercer's compensation, or $8.6M, was in stock awards. Mercer also received $913K in bonus, $571K in salary, as well as $196K in other compensation.
Moran Amran, Controller, received a compensation package of $520K, which increased by 150% compared to previous year. 45% of the compensation package, or $232K, was in salary.
Hao Kevin Chen, Chief Financial Officer, earned $141K in 2021.
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Source: SEC filing on December 8, 2022.